Prysmian S.p.A. (0NUX.IL)
- GuruFocus.com
Prysmian SpA's Dividend Analysis
Prysmian SpA (PRYMY) recently announced a dividend of $0.37 per share, payable on 2024-05-08, with the ex-dividend date set for 2024-04-24. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Prysmian SpA's dividend performance and assess its sustainability.
- Barrons.com
Encore Wire Stock Surges on $4.2 Billion Takeover by Italy’s Prysmian
Encore Wire stock was surging Monday after the copper and aluminum cable and wire maker announced that it has entered into an agreement to be acquired by Prysmian for about €3.9 billion, or $4.2 billion. Prysmian an Italian cable maker, will pay $290 a share in cash to buy Encore a premium of 11% to the stock’s closing price on Friday of $260.98. “This transaction maximizes value for Encore Wire shareholders and provides an attractive premium for their shares,” Encore Chief Executive Daniel Jones said in a press release.
- Reuters
Cable giant Prysmian to buy Encore Wire in $4.2 billion deal
Italy's Prysmian announced a deal to buy US firm Encore Wire at an 11% premium as it doubles down on a North American market that already powers its profits.
